City withdraws $500K museum grant over Rechnitz connection

JSR Capital boss at center of NYPD corruption investigation

New York /
Jun.June 15, 2016 11:00 AM

The City Council will cut grant funding to the Simon Wiesenthal Center’s Museum of Tolerance that was originally secured thanks to lobbying by JSR Capital founder Jona Rechnitz, who is now tied to a sweeping federal corruption investigation.

The Council zeroed out the museum’s planned $500,000 grant in the city’s fiscal 2017 budget, the New York Post reported.

“Concerns were raised and the Council felt it was prudent at this time to not continue funding this program,” a spokesperson for Council Speaker Melissa Mark-Viverito told the Post.

Rechnitz organized tours of the museum with top NYPD brass, and allegedly worked with the Center’s rabbi Steven Burg and others to lobby the City Council to fund police training programs there.

In the end, the city granted $655,000 in funding to the program over two years.

One of the Center’s board members, Murray Huberfeld, was arrested last week and accused of paying a bribe in order to secure a $20 million investment into his hedge fund by the city’s police union.

Rechnitz, who was a major donor to Mayor Bill de Blasio’s election campaign, is also accused of paying for gifts and travel expenses for NYPD officials.

De Blasio’s 2013 campaign has said it would return Rechnitz’s individual donation of $4,950, along with his wife’s equal gift. Rechnitz also bundled $40,000 for the campaign, and donated $50,000 to the now-shuttered Campaign for One New York, a nonprofit supporting the mayor. [NYP]Ariel Stulberg


Related Articles

arrow_forward_ios
Donor tied up with de Blasio’s real estate pal Rechnitz sentenced in NYPD bribery scheme
Donor tied up with de Blasio’s real estate pal Rechnitz sentenced in NYPD bribery scheme
Donor tied up with de Blasio’s real estate pal Rechnitz sentenced in NYPD bribery scheme
Jona Rechnitz says he pressured de Blasio to help friend in lawsuit against SL Green
Jona Rechnitz says he pressured de Blasio to help friend in lawsuit against SL Green
Jona Rechnitz says he pressured de Blasio to help friend in lawsuit against SL Green
Jona Rechnitz says he was given mayor’s cell, told to “always be in touch”
Jona Rechnitz says he was given mayor’s cell, told to “always be in touch”
Jona Rechnitz says he was given mayor’s cell, told to “always be in touch”
From left: Bruce Teitelbaum and Kristin Richardson Jordan along with the site of a rejected housing development on 145th Street and Lenox Avenue in Harlem (Getty, Google Maps)
Pol who sank Harlem housing project rallies against truck lot on property
Pol who sank Harlem housing project rallies against truck lot on property
From left: Judge Debra James, Elizabeth Street Garden's Joseph Riever, and Pennrose Development's CEO Mark H. Dambly (Getty, New York Courts, Elizabeth Street Garden, Pennrose Development)
Judge halts Elizabeth Street Garden development — for now
Judge halts Elizabeth Street Garden development — for now
From left: Assemblyperson Inez Dickens and Councilperson Kristin Richardson Jordan
Pol who killed Harlem project could face primary challenge
Pol who killed Harlem project could face primary challenge
Councilmember Selvena Brooks-Powers with Beach 35th Street and Beach 50th Street (Google Maps, Council NYC, Getty)
City Council approves Edgemere rezoning plan
City Council approves Edgemere rezoning plan
Council member Gale Brewer and Manhattan Chamber of Commerce's Jessica Walker (Getty, Manhattan Chamber of Commerce)
City Council’s storefront tracker comes up empty
City Council’s storefront tracker comes up empty
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...